Toyota Motor (NYSE:TM) Shares Gap Down to $174.49

Toyota Motor Co. (NYSE:TM – Get Ranking) gapped down prior to buying and selling on Friday . The inventory had beforehand shut at $174.49, but opened at $170.00. Toyota Motor shares past traded at $169.99, with a quantity of 1,073 shares changing fingers.

TM has been the subject matter of a selection of new analysis studies. StockNews.com assumed coverage on Toyota Motor in a research report on Thursday, March 31st. They established a “hold” ranking for the organization. Jefferies Economical Group cut shares of Toyota Motor from a “buy” ranking to a “hold” score in a analysis take note on Thursday. A few research analysts have rated the stock with a maintain ranking and two have assigned a buy rating to the company’s stock. In accordance to MarketBeat.com, the inventory at this time has a consensus score of “Hold” and an normal goal rate of $182.50.

The company has a speedy ratio of .90, a existing ratio of 1.07 and a personal debt-to-equity ratio of .56. The firm has a marketplace capitalization of $238.75 billion, a P/E ratio of 8.47, a PEG ratio of .39 and a beta of .47. The business enterprise has a 50 working day basic relocating regular of $180.44 and a 200-working day uncomplicated relocating regular of $183.28.

Toyota Motor (NYSE:TM – Get Ranking) last issued its quarterly earnings final results on Wednesday, February 9th. The business documented $5.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $3.74 by $1.29. Toyota Motor had a return on equity of 12.32% and a net margin of 9.99%. The firm experienced income of $68.53 billion for the quarter, in comparison to analysts’ expectations of $67.26 billion. Equities analysts forecast that Toyota Motor Co. will publish 18.23 EPS for the recent fiscal calendar year.

A quantity of huge buyers have lately created variations to their positions in TM. Fisher Asset Management LLC grew its holdings in shares of Toyota Motor by 3.4% throughout the fourth quarter. Fisher Asset Management LLC now owns 4,962,120 shares of the company’s stock worth $919,481,000 immediately after buying an more 162,702 shares in the last quarter. Parametric Portfolio Associates LLC lifted its placement in shares of Toyota Motor by 4.5% in the fourth quarter. Parametric Portfolio Associates LLC now owns 1,130,273 shares of the company’s inventory valued at $209,440,000 soon after acquiring an further 49,045 shares for the duration of the past quarter. Bank of The us Corp DE lifted its holdings in Toyota Motor by 9.8% throughout the 2nd quarter. Financial institution of America Corp DE now owns 966,189 shares of the company’s stock truly worth $168,928,000 just after purchasing an additional 86,208 shares during the last quarter. Goldman Sachs Team Inc. lifted its holdings in Toyota Motor by 14.6% for the duration of the 4th quarter. Goldman Sachs Team Inc. now owns 848,728 shares of the company’s stock worthy of $157,270,000 after getting an more 108,346 shares throughout the past quarter. Lastly, SRB Corp lifted its holdings in Toyota Motor by 21.5% through the 4th quarter. SRB Corp now owns 606,855 shares of the company’s stock truly worth $112,450,000 right after buying an extra 107,200 shares all through the last quarter. Hedge money and other institutional buyers personal 1.20% of the company’s stock.

About Toyota Motor (NYSE:TM)

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger autos, minivans and commercial motor vehicles, and relevant elements and equipment. It operates in Automotive, Fiscal Companies, and All Other segments. The company offers hybrid cars less than the Prius, Prius PHV, C-HR, LC HV, ES HV, Camry, JPN TAXI, Avalon HV, Crown HV, Century HV, UX HV, Corolla SD, Corolla Activity, RAV4 HV, WG HV, RAV4 PHV, Highlander HV, Harrier HV, Sienna HV, UX EV, Corolla Cross HV, and Yaris HV names gasoline cell motor vehicles underneath the MIRAI and SORA names and common motor cars, which include subcompact and compact autos beneath the Corolla, Yaris, Corolla Activity , Aqua, Passo, Roomy, Tank, Etios, Vios, AGYA, Rush, GLANZA, City Cruiser, and Raize names.

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